BNET Industries
Last Fiscal Year Sales:$1.5B
- Private
- US
Dow Jones Description
Millennium Inorganic Chemicals ("MIC") (www.millenniumchem.com) is a wholly-owned subsidiary of Cristal. "TASNEE," a Saudi major diversified company with chemicals and petrochemicals operations, owns 66 percent of Cristal, while 33 percent of Cristal is owned by Gulf Investment Corporation ("GIC"), an investment house established in Kuwait by the GCC countries.
Senior Vice President
Peter HanikNumber of Employees 749
Peer Companies
NAICS Code Support Activities for Coal Mining: 213113
News & Analysis
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millennium chemicals inc. and sasol ltd. - All News and Analysis
CW75 stock performance.(Illustration)
- 2004-09-15
The CW75 Index improved by about 1% for the week ending September 8, in line with broader market indexes, including the Morgan Stanley global composite and Standard & Poor's 500. Chemical shares have been supported by stronger demand, improving margins, and lower feedstock costs in recent...
CW75 stock performance.(Illustration)
- 2004-09-08
The CW75 improved by about 1% for the week ending September 1, in line with the Morgan Stanley global composite index, and slightly above the Standard & Poor's 500 index, which was flat. Basic chemical shares rose 2.5%, while diversified and specialty chemical stocks were flat....
CW75 stock performance.(Illustration)
- 2004-07-14
The CW75 Index tell 2.4% for the week ending July 7, lagging broader market indexes including the Morgan Stanley global composite and Standard & Poor's 500 indexes, which fell 1.3% and 1.9%, respectively. Specialty chemical stocks were the hardest hit, falling 2.5%. Diversifieds fell 1.8%, but...
CW75 stock performance.(Chemical Week, chemical industry)(Illustration)
- 2004-05-19
The CW75 fell 3.7% for the week ending May 12, its biggest slide since the index was created in January 2003. The Standard and Poor's 500 index slipped 2.2%, and the Morgan Stanley global composite index dropped 3.9%. Basic chemical stocks took the hardest hit, falling...
CW75 stock performance.(chemical industry)(Illustration)
- 2004-03-31
The CW75 fell 2.3% for the week ending March 24, in line with broader indexes, amid concerns about terror attacks. Basic chemical stocks decreased 1.6%, outperforming diversified and specialty stocks, which fell 2.3% and 2.4%, respectively. Sasol's stock topped the leaders list on news...
CW75 stock performance.(Illustration)
- 2003-10-29
The CW75 slipped 1% for the week ending October 22, reflecting a generally weak earnings season for chemical producers. The Morgan Stanley global composite and Standard & Poor's 500 indexes fell 1% and 1.6%, respectively. Specialty stocks led the slide, falling 3.1%; most specialty makers reported...
CW75 stock performance.
- 2003-04-02
The CW75 continued its upward climb last week, keeping pace with the overall stock market. Investors were attracted to cyclical sectors, including chemical stocks, because of falling energy costs, analysts say. The CW75 index rose 1%, tracking the Standard & Poor's 500. The Morgan Stanley global...
CW75 stock performance.(Illustration)
- 2003-02-12
Chemical stocks in the CW75 continued to fall last week, as more companies reported poor fourth-quarter results, and warned on full-year 2003 earnings because of rising raw material costs and weak pricing. The CW75 index fell about 1.6%, lagging the Morgan Stanley Composite Index, which slipped...
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Decision Makers
| Name (plus bio) | Position |
|---|---|
| Peter Hanik | Senior Vice President |
| Amy N Drusano | Manager, Communications |
| Jack Lushefski |
Extensive management background in many disciplines including general management, research & development, manufacturing, information technology, e-business, quality, and health-safety-environmental. Strong and effective leader able to establish vision and strategy and build consensus across functions to achieve the organization's goals, as well as developing new products, negotiating and managing licenses, joint ventures, and all intellectual property matters. Mr. Hanik most recently was Senior Vice President of Ideation International, has held positions of Senior Vice President Technology, Millennium Chemicals; President and CEO, Millennium Petrochemicals; Vice President Chemicals & Supply Chain, Quantum Chemical; Vice President Reengineering and Information Systems, Quantum Chemical. Mr. Hanik holds a B.S. in Chemical Engineering from Illinois Institute of Technology and an MBA from the University of Chicago.
| Organization | Position | Status |
|---|---|---|
| Millennium Chemicals | Senior Vice President | Current |
| Pretium | Managing Director | Current |
| Outcompete | Managing Partner, Pretium Consulting Services, Llc | Current |
| Information Systems Inc | CEO | Former |
| Information Systems Inc | President | Former |
| Ideation International, Inc. | Senior Vice President | Former |
| Millennium Chemicals | Regional Sales Manager | Former |
| University of Chicago | MBA | Former |
| Illinois Institute of Technology | B.S. In Chemical Engineering | Former |
| Organization | Position | Status |
|---|---|---|
| Millennium Chemicals | Manager, Communications | Current |
| Organization | Position | Status |
|---|---|---|
| Millennium Chemicals | Current | |
| The Pennsylvania State University | B.S. Degree | Former |
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